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Author Topic: Dow  (Read 1139 times)

Offline zack1234

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Dow
« on: May 08, 2013, 07:39:56 AM »
Has the recession finished?

According to the BBC the Dow Jones is on a high :old:

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Offline RTHolmes

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Re: Dow
« Reply #1 on: May 08, 2013, 08:04:37 AM »
dont get too excited, market indices will always rise as a long term average. Assuming theres no global apoacalyptic event in the next few decades, I guarantee the Dow will hit 16,000 for the first time ever at some point, and then 17,000 ... etc ...

Its like unemployment stats. Recently we had "the highest unemployment ever" in the UK. Well yes of course we did, the population is rising. As a % of people of working age it wasnt even close ...
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Offline Zacherof

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Re: Dow
« Reply #2 on: May 08, 2013, 10:11:56 AM »
Quote from: zack1234 on May 08, 2013, 07:39:56 AM
Has the recession finished?

According to the BBC the Dow Jones is on a high :old:



the BBC is poo! :old:
Fox news is better :neener:
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Offline Dragon Tamer

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Re: Dow
« Reply #3 on: May 08, 2013, 10:27:07 AM »
Quote from: Zacherof on May 08, 2013, 10:11:56 AM
the BBC is poo! :old:
Fox news is better :neener:

This.























































Made me face palm...
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Offline Karnak

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Re: Dow
« Reply #4 on: May 08, 2013, 10:30:45 AM »
Quote from: zack1234 on May 08, 2013, 07:39:56 AM
Has the recession finished?

According to the BBC the Dow Jones is on a high :old:



For the top 7% things are going pretty good.  For the bottom 93% the recovery hasn't been much of a recovery.
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Offline Zacherof

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Re: Dow
« Reply #5 on: May 08, 2013, 10:32:22 AM »
Quote from: Dragon Tamer on May 08, 2013, 10:27:07 AM
This

Made me face palm...

fox news is perhaps a rather biased news station. Was a
joke.
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Offline Maverick

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Re: Dow
« Reply #6 on: May 08, 2013, 11:34:42 AM »
Stock market is not the economy, it's just a single component of it. Take a look at where the stocks are going to in the sales and that tells you something other than breaking out of the recession. Industry has yet to start expanding, so far they are buying up their own stock. Good in the short run for the investors should they decide to sell since the prices went up. Does not indicate an expansion of GDP, production capacity or increase in employment. This is more of a shoring up situation rather than any expansion operation.

True recession decline would include expansion of production facilities, increase in orders for durable goods, especially industrial goods and a rapidly declining unemployment picture in the real career or stable job market. Hard to do when dividend increase and profit is being "punished" by outside influences.
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Offline Dragon

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Re: Dow
« Reply #7 on: May 08, 2013, 11:45:16 AM »
All them cute baby commercials are finally beginning to pay off.

 :bolt:
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Offline zack1234

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Re: Dow
« Reply #8 on: May 08, 2013, 11:54:11 AM »
I have no idea what any of you are talking about :rofl :rofl :rofl :rofl :rofl :rofl :rofl

By the way i am still awesome :old:

I had no money before the recession and I have none now :rofl :rofl



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Offline Zacherof

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Re: Dow
« Reply #9 on: May 08, 2013, 12:03:32 PM »
Quote from: zack1234 on May 08, 2013, 11:54:11 AM
I have no idea what any of you are talking about :rofl :rofl :rofl :rofl :rofl :rofl :rofl

By the way i am still awesome :old:

I had no money before the recession and I have none now :rofl :rofl




:lol :aok
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Offline RTHolmes

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Re: Dow
« Reply #10 on: May 08, 2013, 01:13:19 PM »
I should probably add that this is not a recession, in the sense of bad times before everything gets back to normal.

This is normal. What we experienced in the years running up to 2008ish was an unsustainable bubble, which predictably burst. And I dont mean just the decade up to 2008, in a broader sense I mean since WWII, and broadening it out further, since the 19th Century.

It would be very unwise, deluded possibly, to expect things to get better soon, fairly soon, or probably ever. Especially if you live in the west. Unless you're lucky enough to be extremely wealthy and smart, the worst is yet to come.
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Offline guncrasher

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Re: Dow
« Reply #11 on: May 08, 2013, 01:15:33 PM »
it's the time to invest in mjna.


semp
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Offline Blooz

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Re: Dow
« Reply #12 on: May 08, 2013, 01:27:30 PM »
The DOW is a measure of how well businesses are doing. As long as the factories in China, Korea and India keep doing well, the DOW will do well because THAT's were the money is invested. It ain't in the US, that's for sure. Too expensive to manufacture anything here.
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Offline Randy1

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Re: Dow
« Reply #13 on: May 08, 2013, 01:29:55 PM »
Stock are traded to make money.  It has zero bearing on the economy.

http://economy.money.cnn.com/2013/03/08/wealth-video/?iid=HP_LN
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Offline zack1234

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Re: Dow
« Reply #14 on: May 08, 2013, 02:12:42 PM »
Where will it all end :rofl :rofl :rofl :rofl :rofl

So the Dow jones is like the FTSE and Nikkei just for idiots and rich people?


Why cant we inject trillions into the economy, the Japanese government has just done it :old:

If fact they have been in debt for the last 25 years and still spending trillions :old:

Its a bit confusing :cry
 
« Last Edit: May 08, 2013, 02:18:40 PM by zack1234 »
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